McLaren Racing and Schneider Electric, a global energy technology leader, today announced that Schneider Electric will become the Official Energy Technology Partner of McLaren Racing, including the McLaren Mastercard Formula 1 Team, the Arrow McLaren IndyCar Team, McLaren F1 Academy, as well as the McLaren United Autosports WEC Hypercar Team. Together, Schneider and McLaren Racing will develop and deploy energy […]

Smartree strengthens its position in the Romanian payroll, personnel administration, and HR Tech market, reporting a 7% increase in turnover in 2025, exceeding RON 28 million. These results reaffirm the company’s status as a strategic partner for organizations managing complex human resources processes. This performance was driven by a growing share of SaaS revenues, which increased by 15% year-on-year, significantly […]

bpv Grigorescu Ștefănică has advised leading global automotive systems supplier Motherson on the Romanian aspects of the transaction involving the acquisition of 100% of Nexans autoelectric’s global wiring harness business, for an enterprise value of €207 million on a cash-free and debt-free basis. The transaction, which encompasses operations across 22 facilities in 11 countries including Romania, is subject to customary […]

SGS are reinforcing our dedication to digital trust and payment card security solutions following the acquisition of Panacea Infosec – a global leader in information security. Headquartered in India, Panacea Infosec brings over 90 highly skilled InfoSec and cybersecurity professionals who serve clients in India, the US, the Middle East and Africa. The company is renowned for expertise in payment […]

BASF and OQEMA, one of Europe’s leading chemical distributors, have entered a new distribution partnership for polymer dispersions for construction and architectural coatings as well as additives for paints & coatings in selected Central and Eastern European countries: Albania, Bosnia & Herzegovina, Bulgaria, Cyprus, Croatia, Czech Republic, Greece, Hungary, Kosovo, North Macedonia, Romania, Serbia, Slovakia, Slovenia. The collaboration, effective from […]

Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure, today announced the successful completion of its previously reported intent to acquire Purge Rite Intermediate LLC (“PurgeRite”), a leading provider of mechanical flushing, purging and filtration services for data centers and other mission-critical facilities. The approximately $1.0 billion acquisition enhances Vertiv’s thermal management services capabilities and strengthens its […]

Schneider Electric, a global energy technology leader, AVEVA, a global leader in industrial software, driving digital transformation and sustainability, and ETAP, the industry and technology leader in power system design and operation, today announced their membership in the Alliance for OpenUSD (Universal Scene Description). The companies join industry pioneers including NVIDIA, Pixar, Adobe and Autodesk in shaping the future of […]

EXEDA – Executive Education Academy, an innovative executive education model from Romania, has recorded the fastest growth in the local industry within six months of launch. At the same time, EXEDA continues its strategic expansion through a partnership with IE University, one of the most innovative educational institutions in the world, widely recognized for its MBA programs. IE University is […]

BASF is targeting the Frankfurt stock exchange as the listing location for its Agricultural Solutions business. The planned initial public offering (IPO) of Agricultural Solutions as a European company (Societas Europaea, SE) represents a major milestone in BASF’s “Winning Ways” strategy. It will establish the standalone business as an independent, pure-play agricultural company with global reach, robust growth prospects and […]

Connections (stock symbol CC), a Romanian technology company listed on the AeRO market of the Bucharest Stock Exchange, announces its financial results for the third quarter of 2025. In the first nine months of 2025, the company recorded a solid performance across its key financial indicators, with group-level revenues reaching 111.1 million RON, up 76% compared to the first nine […]

Significant performance improvement in Q3, with Document Lifecycle Management and Digital Technologies the key growth drivers AUSTRIACARD HOLDINGS AG (ACAG), the international applied technology group headquartered in Vienna, announces its 9M 2025 financial results. • Group Revenues of €262.4m (14% reduction vs. 9M 2024), adversely impacted by the already realized in H1 2025 normalization in the Turkish payment card market […]

Vertiv Holdings Co (NYSE: VRT), a global leader in critical digital infrastructure, announced it has entered into an agreement to acquire Purge Rite Intermediate, LLC, (“PurgeRite”) a leading provider of mechanical flushing, purging and filtration services for data centers and other mission-critical facilities, from Milton Street Capital LLC for approximately $1.0 billion in cash consideration at closing plus the potential […]